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shelly moore-capito and congressman greg meeks of new york will join us on the show to talk about the biggest sticking points. at the top of the hour, vice chairman and republican policy committee chairman tom price will be our special guest. "squawk box" coming right back. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> good morning and welcome back to "squawk box
hikes and spending cuts. joining us from washington, republican congresswoman shelly moore capito. were you privy to everything that was happening yesterday? >> i was shocked when we went into the conference at 7:45 and the speaker, after offering this serenity prayer, said merry christmas, you're going home, we're not putting the vote up, we don't have the votes. i was disappointed, quite frankly. >> really? is it overstating it to say that, you know, some people characterize it that the president was not accepting the surrender of the gop anyway, so why not keep fighting? >> we needed to strengthen the speaker's hand in negotiations and i think by saying and reiterating that we didn't want taxes to go up by 98.1% of the population i think is a strong statement for us to go. we had -- would be moving one of the rates, and i think that that was a concession on our maert and i was disappointed we weren't able to send that over to the senate and say to them, all right. your turn. >> yeah, i know. but all these games. everybody knew the senate wouldn't take it up. the president promised he
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